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From these posts I get the impression that some of you think that the ibanking salaries are the sole reason to go into the field. What you must realize is that putting in your hellish stint as an analyst is a stepping stone into big league finance - from there you can exit into private equity, hedge funds, or get your MBA. Even if you decide to stick with banking, down the line you could be making millions.
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Listen alpha, why don't you stick to your transfer apps and let people who have worked in banking (me) talk about it. Yes you can go into hf/pe...but the same people who COULD go into top hf/pe are also the same people who COULD make md/vp. Most (read 90%) of BB IB analysts CANNOT go into top hf/pe shops. Let me repeat that, most people will never sniff the types of jobs that will "make you millions" down the road. You are dumb as s*** if you believe that, no offense.
I'm not trying to be a d*** but you come in here acting like you know what IB is, like you know how it goes, when in all honesty you do not. If you want to ask personal Q's or wanna know more then PM me, I'd be more then happy to help you snag interviews, get internships etc....what I'm not gonna do is stay quiet when you try to tell me how things go in finance...as a soph in college.